Kanye West's explosive leaked footage let many a cat out of the bag but are his claims true?

Nearly seven months on from Adidas parting ways with rapper Kanye West, and the sportswear brand reportedly still has $1.3 billion of unsold Yeezy stock in its warehouses. The decision from Adidas to split from West - otherwise known as Ye - came back in October last year came after the 45-year-old made antisemitic remarks both in interviews and online. But now, Adidas has to decide what to do with the remaining stock of the popular shoe as the company attempts to turn its fortune around after it abruptly ended its partnership with West and his Yeezy brand, with 400 million euros ($441 million) in lost sales at the start of the year. Sign up to our free Indy100 weekly newsletter Though Adidas is "getting closer and closer to making a decision" on what to do with the sneakers and the “options are narrowing,” new CEO Bjorn Gulden said, as per Associated Press. He became in charge back in January this year, three months after Adidas terminated it's partnership with Ye. However, a decision has not yet been reached due to "so many interested parties," he added. Gulden did not confirm whether the option to destroy the shoes had been ruled out but noted that this is something it is the company is "trying to avoid." Meanwhile other options have their own downsides, since selling the shoes would mean Ye would need to be paid royalties, removing brand identification would be dishonest. Giving the shoes away for free sounds like a nice idea in theory but this could cause them to be resold at a higher market price. Gulden is also remaining tight-lipped on the exact quantity of stock that is left since he believes if consumer are aware of this number it "could have an impact on demand," as per AP. The CEO admitted losing Yeezy is "of course hurting us" and if Adidas decides not to sell the remaining shoes, it could reduce earnings by 500 million euros this year. Net sales declined 1 per cent in the first quarter, to 5.27 billion euros, and would have risen per cent with the Yeezy line, the company said. As a whole, Gulden described 2023 as a "a year of transition" with "a better ’24 and a good ’25" as the German sportswear business continues without the Yeezy brand. Elsewhere, Adidas found itself being sued by investors last week who allege the company knew about Ye’s offensive remarks and harmful behaviour years before the termination and failed to take precautionary measures to limit financial losses. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

'There's no one in my life that I know who work as hard to protect me as my parents,' Charli D'Amelio said during the launch of D'Amelio Footwear

While Joy Corrigan previously claimed to be 28 and born in 1995, she disclosed that her true age is 35, and she was born in 1988

'It’s me in my over-tired chin zit era taking blurry photos like the kids,' Ginger captioned her post

The 96-year-old is staying at her Plains, Georgia residence almost six months after it was revealed that she had been diagnosed with dementia

It's called head canting, and the psychology of it goes beyond looking good for the 'gram.

Kevin McCarthy was elected as the US House of Representatives Speaker after a 15-vote saga earlier this year

You don't need to use a bulky scanner to scan your documents. If you own an iPhone, it's as easy as taking a picture.

Logan Paul and KSI's latest $1,000,000 Gold PRIME contest revolves around cracking a secret code to win a solid 24k gold bottle

Director Greta Gerwig has admitted she's currently got 'zero' plans to bring Barbie back for a second outing following the film's huge success at the box office

Paramore have been working on some new material.